Mister Car Wash
2% Annual Inc | Exceptional Store Performance
Marketing description
Mister Car Wash at 3501 Northrise Drive, Las Cruces, NM 88011 presents a rare opportunity to acquire a high-performing, absolute NNN single-tenant investment backed by a corporate guarantee. This fee simple offering includes approximately 5,383 SF of improvements on a 49,223 SF parcel and is 100% occupied by one of the nation’s leading car wash operators.
The property features a 20-year lease that commenced October 28, 2024, with approximately 18 years remaining in the primary term, 2% annual rent increases, and four 5-year renewal options.
Built as a high-volume prototype with 3 pay lanes, the site is positioned for strong unit-level performance. The location benefits from excellent visibility and traffic near Northrise Drive and Rinconada Boulevard, surrounded by major national retailers including Walmart Supercenter, Walgreens, Dollar Tree, Wendy’s, Taco Bell, Arby’s, Dutch Bros, Discount Tire, Verizon, and Panda Express.
Investment highlights
- Long-Term Corporate NNN Lease - 18+ Years Remaining
- 2% Annual Increases
- Exceptional Location Performance - Contact for Details
- Prototype High Volume Express Car Wash
- Ideal Car Wash location with excellent co-tenancy and synergy
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